157-167 Foregate St 11,288 SF 100% Leased Retail Building Chester CH1 1HF $3,719,825 CAD ($329.54 CAD/SF) 8% Cap Rate

The asset is available by way of a sale of the entire company shareholding. Freehold price on application. This property was originally constructed as the main motor vehicle dealership showroom for ‘Henlys’, and prior to being acquired by the current owners some 25 years ago, was used as their main HQ, serving a much larger site behind, (which has now been redeveloped for apartments). This property presents as two storeys to the front, but much of the first floor to the rear of the offices is given over to car parking accessed by a vehicle ramp from City Road. The first-floor office suite also derives its access from this car park. The ground floor comprises two large commercial spaces, both having full height shopfronts -each unit sharing a rear loading/ service corridor accessed by doors and roller-shutter, leading onto a shared level access service yard on Russel Street. The larger unit 1 is tenanted to Whitecross Dental Care Ltd t/a MyDentist, who relocated a smaller practice in 2023. This property has been completely remodelled to create 17 surgeries and ancillary space and has a rear frontage to Ethos Plaza. Unit 2 is occupied by Kutchenhaus, a designer kitchen business which has a number of outlets across North-West England. The office suite at first floor is accessed from the roof level and is occupied by Relive Physiotherapy, who expanded a smaller business into this suite a few years ago.